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US initial jobless claims fell to a lower-than-expected 203,000 in the week ending August 22, while the goods-trade deficit grew to the widest since March 2025.
Michael McKee reports
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Revolution CEO and Bloomberg Opinion contributor Steve Case says AI will disrupt a wide range of industries and business models, advising investors to seek assets that have better durability. Case points to real estate and hospitality as areas attracting investment
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Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum. Romaine Bostick joins Balance of Power to discuss the stock moves
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"We want to bring this to more cities...we want to bring more fans in." @unrivaledwbb CEO @alexbazzell sits down with "Bloomberg Deals" after announcing a new funding round that puts its valuation at $65 million
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Moody's Analytics Chief Economist Mark Zandi says Nvidia's earnings prove that the AI investment cycle is a "juggernaut" and critical to growth on on Balance of Power
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Jack Ablin, founding partner and chief investment strategist at Cresset, says Nvidia is "sitting at the North Pole and any step they take is going to be a step south." Ablin adds that the AI landscape is "remarkably healthy"
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"Community backlash [to data centers] is very real...it now has to be considered in the business case." Today's investment committee on "Bloomberg Deals" discusses the political and community pushback to growing construction of data centers
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States plan to push TikTok and YouTube to adopt the same teen-safety framework Meta has now agreed to in a "very aggressive" way, says West Virginia AG McCuskey, calling the Meta settlement a “blueprint” for taking on other social media companies
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Meta’s new teen protections will only work if parents use them, West Virginia Attorney General JB McCuskey tells @edludlow. The company said Wednesday that it agreed to pay up to $18 billion in landmark settlements to resolve social media claims from US states
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